WLTP – What does it mean?

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WLTP stands for Worldwide Harmonised Light Vehicle Test Procedure (trips off the tongue right?!) and is a new global regulation test for measuring the level of air pollutant, CO2 emissions and energy consumption in light duty vehicles – cars and vans to you and me.

It applies to all petrol, diesel, electric and hybrid vehicles and replaces the NEDC (New European Driving Cycle) test that has been in place for the last 20+ years. After recent huge criticism of NEDC (remember diesel-gate?) and manufacturers accused of misstating emissions figures and misleading customers, authorities needed to react to restore faith in the system. To underscore that point, it is believed that most cars on sale and on the roads in the UK today do not meet their claimed fuel economy figures by as much as 25% or more.

WLTP tests are carried out in a laboratory which helps to ensure accuracy and repeatability and introduces much more representative testing conditions based on data from “real driving” which will provide a more accurate basis for measuring emissions and calculating a vehicle’s fuel consumption, providing more detailed and realistic vehicle performance data.

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The WLTP tests place more emphasis on the mass and aerodynamics of the vehicle, the rolling resistance of the tyres and the options fitted to the car including alloy wheels, tyres, panoramic roofs, towbars, roof bars, active cruise control, air conditioning and autonomous emergency braking.  This means that a vehicle’s CO2 value can only be finally determined once options have been chosen, even for the same model of car. 

So, testing will become more accurate and as a consumer you will be better informed – so far so good right? Maybe, but there are a couple of key things that you should be aware of.

Firstly, all new vehicles MUST be compliant with the new regulations by 1 September 2018.  So what?

Although manufacturers have been aware for a long time of these changes coming in, many are simply not ready and certainly won’t be come the beginning of September this year.

After the 1st September, the manufacturers legally cannot sell the non-compliant vehicles they have in stock and could actually find themselves in the situation that they may have to scrap them.

If you are in the market for a new vehicle or vehicles over the next few weeks, you could be in line for some amazing deals as manufacturers rush to offload vehicles before the deadline. Watch this space…

So far so good?  That depends.  If you currently drive a company car then a key date for you will be 6th April 2020. This is when the government will be using the results from WLTP testing to calculate new Benefit In Kind (BiK) figures for company car drivers in the UK. Remember the CO2 emissions of your vehicle are a key component of this calculation. Essentially – the higher your CO2 emissions, the more you will be taxed for your company car based on your tax rate and the cost of the car itself.

So, driving the same car that you have been driving up to 6th April 2020, you could find yourself paying a significant amount more in company car tax after this point.

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As with all these things, GDPR, the millennium bug (for those that remember that!), the key message is don’t panic!  The main thing is to make sure that you are making an informed decision about what you are doing now and how this could change in the future.

We’re here to provide you with all the information you need to make the right decision for you and your business. If you’d like to talk to our expert team about your individual circumstances or to get more detailed information on how WLTP might affect you, simply click here or call 01924 790660 or visit www.bluestonevehicles.com

 

Bluestone Leasing Gains Cyber Essentials Certification

Bluestone Leasing are delighted to announce that we have gained Cyber Essentials accreditation as part of the company’s ongoing commitment to cyber security best practice and assurance

Cyber Essentials is a Government-backed, industry-supported scheme to help organisations protect themselves against common online threats and requires companies to implement five technical control themes:

·         Firewalls

·         Secure configuration

·         User access control

·         Malware protection

·         Patch management

“How organisations look after the data they handle has never been more in the spotlight. We are committed to having the very highest standards across our business and achieving the Cyber Essentials accreditation demonstrates this. Being independently audited to the highest standards gives our partners and customers total confidence and reaffirms why they choose to work with us.”

Vineesh Madaan, Managing Director at Bluestone Leasing

 

Clerkenwell Design Week

Set across three days 22-24 May 2018, Clerkenwell Design Week (CDW) returns for its ninth edition, hosting the best in design from the UK and beyond, and featuring a wide range of talent from the area from young entrepreneurial start-ups to well established design practices.  As the annual focus for London’s leading design district, the festival programme has been tailored to reflect the unique nature of this vibrant London hub, home to a plethora of creative businesses, design consultancies, showrooms and architectural practices.

2018 will again play host to hundreds of fringe events, showroom presentations, workshops, talks and public-facing installations all with design at their heart.  Events run over three days and follow a distinct trail north to south from Spa Fields down to Farringdon linking together several exhibition spaces and a series of specially commissioned installations. 

Each year, Clerkenwell Design Week displays new projects and commissioned installations located within high profile spaces across Clerkenwell.  Working with leading names in design, engineering and architecture, these projects aim to bring spectacle and energy to the district whilst pushing the boundaries of design concepts, process and material capabilities.  This year, sustainability is a key theme with several participants and projects addressing this trend.

Integral to the festival are the local resident design showrooms, many of whom partner with CDW, providing an array of stimulating events from talks and workshops to major installations.  Over 90 companies will be participating in CDW 2018, including high-end furniture, lighting, kitchen and bathroom brands alongside specialist manufacturers.

Our Interiors team will be attending CDW every day, to be in with a chance of winning a bottle of champagne, just hand any of them your business card to be entered into a draw – one lucky winner will also win a wine tasting experience!  We are looking forward to seeing existing and new partners.

www.clerkenwelldesignweek.com

 

Funding for Technology

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You and your products are at the cutting edge – innovative, pioneering and new.  So are our finance solutions.

For nearly 22 years we have specialised in financing technology projects of all shapes and sizes. Remember we finance orders from as little as £1,000 up to large, multi-million pound projects for UK organisations and, often, their overseas sites too. Over that time we have built the largest, specialist funding panel in the UK with over two thirds of our 45 banking partners not accessible directly by your customers.

With their support, we can bundle all the costs involved (hardware, software, support and services) into one low, fixed amount every month meaning your clients can benefit from the very latest equipment and solutions, both now and in the future.

Don’t forget 100% software projects are a speciality for us – from one year license renewals through to agreements spanning 3-5 years. Larger projects often benefit from our residual value (RV) product which keeps repayments really low and offers lots of flexibility to the client at the end of the agreement.

Study While You Work at Bluestone

Amy McGarry is one of three employees at Bluestone Leasing undertaking an apprenticeship with Damar Training.

Having just completed her level three BTec diploma in business administration Amy took some time out of her work and studies to tell us about her course and why she chose to study alongside working.

Amy McGarry

“I made the decision to move onto level three of my apprenticeship shortly after completing level two, having enjoyed the modules I completed in levels one and two and seeing how they improved my work on a day to day basis it seemed like the perfect way to continue my progression at Bluestone Leasing.”

“This course involved 13 modules made up of four written exams and nine pieces of coursework as well as on the job observations and discussions between course tutors and my colleagues here at Bluestone. I was also required to create a portfolio of work undertaken in the office with annotations on the changes I made to processes and documents based on my learnings.

The course has focused my mind on best practices, task management and prioritising my workload. I have found that my confidence has increased as I have completed my level three studies which has allowed me to speak up more and put my opinions forwards, which is something I wouldn’t have felt comfortable doing in the past.

One task that particularly helped with my confidence was presenting to my colleagues and delegates; I was asked to deliver a presentation around the modules I was studying and the changes I have and would like to make to certain processes at Bluestone Leasing. As the topic was something I was comfortable and confident talking about it took the initial nerves away and allowed me to focus on my delivery rather than the content of my presentation.

Standing up and presenting in front of people was a big hurdle for me to overcome and since completing the task this is something I would be comfortable doing again, both in one on one situations and in larger groups.

The apprenticeship has led to me having increased responsibility at work with my role having progressed through three different phases as my knowledge has increased. With my level three modules completed I am now managing the running of our brand new office building in Wakefield, looking after everything from stock management, alarm system maintenance and contractor hire. This has again given me a huge boost in confidence as knowing that Bluestone Leasing has so much faith in me gives me the confidence to excel in this new role with the aim of progressing my career here and taking on more and more responsibilities with every passing month”

 

The Bluestone 20th Birthday Party (part one)

On Thursday August 4th Bluestone Leasing held the first of their two summer parties, celebrating 20 years in business with our northern based customers, partners and banks.

The party was held in the fantastic venue of Crafthouse bar, based in Trinity Leeds, and the stunning views across the city made for the ideal backdrop for our celebration.

20160804_115914The Bluestone Team

 

 

 

 

 

 The guests were entertained with beautiful cocktail jazz music by The Vernon Sisters and magician Andy kept everybody guessing with his quick card tricks. There was also a cocktail station with in-house mixologist Tom showing the guests how to mix the perfect gin and vodka cocktails.

The Vernon SistersAndy the magician

 

 

 

 

The food came in the form of stunning canapés and mini dishes provided by the chefs at Crafthouse, the mini fish and chips was a particularly nice touch to give the food a Yorkshire feel.

Smoked salmon canape Fish and chip mini dish

 

 

 

 

 

 

 

 

 

A huge thank you to all the guests that joined us on the day and a special thank you to Investec, PEAC, Close Brothers and Aldermore for sponsoring the party.

If you missed out on this party and would like details of our second party later this summer please get in touch with Stef on info@bluestoneleasing.com.